Japan's FSA considers classifying crypto assets as financial instruments and regulating internal transactions
The Financial Services Agency (FSA) of Japan is considering regulating internal transactions of encrypted digital currency assets. The Japanese regulatory body is considering classifying crypto assets as financial instruments under Japanese law. It is expected that the Japanese FSA will submit a draft to revise the Financial Transaction Law to Parliament at the earliest in the next fiscal year.
The Japanese FSA hopes that they can prevent unfair trading practices when trading crypto assets for investment purposes. It is expected that a financial committee under the jurisdiction of the Japanese FSA will start discussing more details about the aforementioned revision draft from summer 2025.
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